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Julius Baer CEO Maintains Risk Appetite Despite Signa Woes

Julius Baer CEO Maintains Risk Appetite Despite Signa Woes
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Secret Star of Swiss Banking

The veteran of Credit Suisse has quietly advanced to a new statesman for Switzerland’s financial center. finews.com on how Romeo Lacher hit his stride after leaving the Swiss bank. ....

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Ex-Julius Baer CEO Collardi Reprimanded in Laundering Probe


Ex-Julius Baer CEO Collardi Reprimanded in Laundering Probe
This content was published on January 21, 2021 - 12:05
January 21, 2021 - 12:05
(Bloomberg) Ex-Julius Baer Group Ltd. Chief Executive Officer Boris Collardi was reprimanded by Switzerland’s financial regulator over a money laundering probe that’s cast a shadow over his move to Geneva private bank Pictet & Cie.
Collardi won’t face further penalties in the case, related to alleged corruption in Venezuela, according to a statement he sent on Thursday. Separately, Swiss watchdog Finma said it’s starting enforcement proceedings against one unidentified Baer manager. The actions come almost a year after the regulator said the bank fell significantly short in combating money laundering in its Latin American business between 2009 and early 2018. ....

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